Take on new projects with a team of advisors focused on the financials and funding.
Build a Strong Financial Foundation for Your Business
From builders to subcontractors, Anders offers you unmatched industry insight and financial expertise that helps enhance profits and maximize your bottom line. We’ll work with you to build or enhance your internal financial reporting and controls, making it easier to spot fraud or other irregularities while streamlining elements like taxes, regulatory compliance and insurance.
Ensuring you’re not overpaying in local, state and federal taxes takes a proactive approach. Our advisors work with the construction industry to analyze financial processes such as cash flow and entity type to create a custom tax planning strategy.
- Cash vs. Accrual Analysis
- Choice of Entity
- Estate Planning
- Multi-State Nexus Review
- Sales/Use Tax Consulting
- Sales and Use Tax Reverse Audits
- State and Local Economic Incentives
- State and Local Tax
Our advisors develop insights through financial statement audits, job costing evaluations, internal control assessments and other processes to help construction companies strengthen internal controls and identify areas to improve operations.
- Audits, Reviews and Compilations of Financial Statements
- Cost Certification Analysis
- HUD Audits
- Internal Control Assessments
- Job Costing Evaluation
- Lease Accounting Standards
- Revenue Recognition
Using data and innovative technologies can help move construction projects forward. Our advisors can work alongside your technology staff or work as your technology department to create efficiencies and optimize processes.
- Cloud Infrastructure
- Data Analytics
- Managed Services
- Technology Consulting
Understanding the value of your business is vital when it comes time to sell or add partners. Our forensic and litigation advisors work with construction companies on valuations and various litigation, fraud and forensics situations as needed.
- Fraud and Forensics
- Litigation and Dispute
From planning for strategic growth, to help with contract cost and billing verification, our team works with construction companies on value-added services to move their businesses forward.
- Bonding Advisory
- Business Transition Planning
- Contract Cost and Billing Verification
- Family Business Consulting
- Growth Management
- Mergers and Acquisitions
We are proud to be members of the following construction-related organizations:
- Associate General Contractors of America (AGC)
- Construction Financial Management Association (CFMA)
- Construction Industry CPAs and Consultants (CICPAC)
- Greater St. Louis, Inc.
- Home Builders Association of St. Louis (HBA)
- Missouri Growth Association (MGA)
- Missouri Preservation Society
- Southern Illinois Builders Association (SIBA)
Facilitated a Beneficial Restructure of a Building Renewal Lease Agreement
Our client needed to structure and draft a new lease agreement to renew their building lease. We were able to obtain current lease rates in their market and introduce them to a commercial real estate broker to draft the most beneficial lease agreement for them.
Tax Reform Corporate AMT Repeal Saved Client $50,000 in R&D Tax Credits
Under the old tax code, our client was subject to alternative minimum tax (AMT) and could not receive a benefit of research and development (R&D) credits. Once that rule was lifted, we suggested that the client take advantage of R&D credits. We have been able to claim Federal tax credits of nearly $50,000 for the company so far in years one and two.
Performed Cost Segregation Study for Apartment Complexes Resulting in Net Present Value of $415,000
By conducting cost segregation studies on senior living apartment and college apartment developments we netted the developers $415,000 in net present value with the combined cost segregation studies.
Saved Assisted Living Facilities $340,000 in First Year with Cost Segregation Study
By completing a cost segregation study on seven senior living facilities developed and built we saved the developer/investor $340,000 within the first year of operations. The overall net present value of completing the cost segregation studies for these senior living facilities exceeded $2 million for all projects.
Procured Over $3 Million in Economic Incentives for Facility Expansion
A St. Peter’s based manufacturer had a facility expansion that called for the creation of 125 additional jobs, new equipment needs and an ongoing training initiative. We negotiated with the Missouri Department of Economic Development to procure nearly $2,600,000 in benefits from the Missouri Works program, $680,000 in property tax abatement and $100,000 in training grants.
Identified $60,000 in R&D Tax Credits for Manufacturer of Custom Tools and Dies
An R&D Tax Credit study was performed for a client specializing in rapid turnaround and high volume engineering and manufacturing of custom tools and dies. The study identified $1,150,000 of Qualified Research Expenses (QREs) for the tax year 2015, resulting in a federal benefit of approximately $60,000 in tax credits.
Deferred Tax on Sale of Building Through Like-Kind Exchange and Used Historic Tax Credits on Purchase
Worked with a client on the sale of existing office space and purchase of a new building defer approximately $15,000 of tax on the sale through a like-kind exchange. Additionally, because the new building was located in a historic district, we were able to assist the client through the process of applying for MO Historic Tax Credits related to the planned rehab of their new building.
Secured $2.5 Million in Economic Incentives
Assisted a client with plans of adding jobs, purchasing equipment and expanding their manufacturing facility secure over $2.5 million in economic incentives from state, county and local governments through the Missouri Works program and the Chapter 100 bond process.